Whole nations are bringing in austerity measures following the financial crisis and the Euro debt crisis, but how does this relate to the man on the street? Many people are in a dire situation with their finances – wage increases aren’t keeping up with the rate of inflation, which peaked at 5.2% last year in … Continue Reading »
You have started your project. Everything that you could think of is in place. To finish it successfully on time and within the allocated budget, you need to follow your project from start to finish. To do this, you need to carefully monitor your project, if you want to stay on track. Monitoring would allow … Continue Reading »
I personally use credit card for almost everything I buy, even for one small item like $2.99 gallon of milk at the corner store as long as the person at the counter accepts it. I have a debit card but I use it only to withdraw money from ATM at the bank where I got … Continue Reading »
I hope you get a tax refund this season. You would be among the more than 70% of tax filers who typically receive a refund. Last year, the average refund was over $2700, 12% higher than the year before, according to data from the Internal Revenue Service. Now, the question is what would you do … Continue Reading »
Media reports that one of the biggest debt collectors in the land of the free settled for the amount of $2.5 million with the Federal Trade Commission. Asset Acceptance committed deception and outright lied to the American public. FTC said on January 30, 2012 that Michigan-based Asset Acceptance agreed to the penalty and to changes … Continue Reading »
Tax season is upon us. Now it’s the time for all good and wise folks to pay respect to the Internal Revenue Service – better known as IRS – in the form of filing taxes. Of course, if you are a millionaire, you pay less taxes in proportion to your income. If you are one … Continue Reading »
Many taxpayers would say they have never cheated on taxes. However, they would add the word “knowingly” they have not. I imagine to prove it otherwise would be extremely hard. The same thing happened to Treasury Secretary, Timothy Geithner, a couple of years ago, who said it was a mistake and everything is straightened out … Continue Reading »
Always be honest when you do taxes whether you do them yourself or hire a tax preparer. The government has been targeting sleazy tax preparers. It goes after them in court and then audits their clients. Recently, the government got an injunction against a Connecticut tax preparer who not only inflated taxpayers’ business expense deductions … Continue Reading »
